Decentralized Social Media Networks

[BrolySSJ]

Social media networks are especially important in this day and age, especially considering the fact that there are so many people that are using these platforms in order to promote their online business and so forth. However, there are concerns that have been raised with social media and this is mainly in the privacy settings of these networks. For example, if you look at platforms like Facebook and WhatsApp there are a lot of changes that have happened that allow them to sell your data. Therefore, people are wanting to move away from these platforms due to this concern. What are your thoughts on developing a decentralized social media, like how cryptocurrency is operated? Do you think that such an idea would be possible?